Intro Slate Digital Sell License
Of All of the ways of monetizing Articles, my Strategy is Such as studying layout templates and materials, to make and sell products. I have discovered that it is extraordinarily more profitable than running ads and self explanatory products convert at a significantly greater speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be discussing what I both like and dislike about the ceremony based in my Payhip experience for a seller for 2+ years. Slate Digital Sell License
My Payhip Expertise
If you have ever wanted to sell products Through your own website, you’ll need a way to facilitate trades — some kind of infrastructure which will enable a client to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with the simplest tools and options for hosting and promoting electronic products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
For me, having A platform that is simple to use and one that doesn’t take a huge amount of my precious time is of utmost significance.
Payhip will Save a great deal of time too because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus you can embed Your product and Buy Now buttons right on blog or your website.
- The Capacity to setup mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and much more.
- Instant digital product delivery via email link for buyers.
What I Like About Payhip
Let us get to the information. After my two year Payhip experience, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available in your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale occurs. Slate Digital Sell License
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is good to wake up in the morning, reach for your telephone, and see you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there’ll be a three day hold before the cash is available. This is all Stripe however — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat fee of 5% per purchase .
This was attractive to me in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that I was not positive I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to this day, week, month, year, or some other specified range. On top of that, it is a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it is largely useless too. Payhip just gives you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By producing coupon codes promotions to conduct.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be somewhat useful. Sometimes I’ll run a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience and I never fail to go ROI positive by it. People do respond well to limited time offers. Slate Digital Sell License
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and if someone buys a product using their custom affiliate link, you can award.
This is useful since it allows other Men and Women To sell your products for you, the commissions paid will be worthwhile and if they have an audience of their own and a stage they can tap to.
Easy Integration with Email Marketing
You will be, if you are into email marketing Able to easily incorporate Payhip along with your email marketing provider so that a sale is made, the email address of the purchaser could be added to a chosen listing.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Book make it publicly accessible for free somewhere else, they will have to be okay with their personal email address being publicly accessible. I believe that is a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of electronic file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site appears. People do not trust myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I begin to wonder if maybe I’m in an abandoned construction and placing my payment information to it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a design that is very modern and easy. This is exactly what you would expect a checkout page by a business, In the event that you should buy a merchandise on the world wide web. Slate Digital Sell License
Another thing I enjoy about Payhip is its own Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical information (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it that way as they are big, successful companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a mobile program. It would be convenient to have the ability to start an app and take a look during my data while I am out and around. You do so and can log in to the website, but the website is optimized for mobile devices.
I enjoy Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you should be able to easily turn the site itself right into it’s own program so users do not need to manually register in every time they would like to check sales data. Permit users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an capability that is Extra to indicate Other products. For instance, if they are buying a package of logo templates for $5, then I might provide a package of business card templates or suggest some other product which could interest them that they didn’t know about. This is something which sites like VistaPrint and Amazon do.
I can not help but feel as though there is a lot of money Table — for myself and Payhip — without this operation. This could enhance the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they have BST was place to by the working timezone for the site. Since I am found in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its information reflects that.
This is mostly a non-issue, however I Would love to observe the capability to correct the website to your timezone. Slate Digital Sell License
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not quite perfect just yet.
As it currently stands, the promotion You’re able to run via a voucher code is for a percent off. I’d love to have the ability to offer a dollar amount from the price, or the ability to set a sale price that is predetermined.
Right Now, if I Need to put a $27 product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off would render the cost at $10. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a few sample or preview pages.
- To how many copies of eBook or your product could be Insert a limitation number sold.
- Generate a exceptional license key .
How much does it cost?
Payhip will Cost you nothing or host your digital products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether or not you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. In case you market a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales each month, you may want to look into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total volume, the math should (in most cases) prefer Payhip. But if you’re selling into the thousands, you’ll probably need to go with Gumroad or start looking into some other alternative. That is largely dependent on the number of transactions it requires to achieve those sales numbers so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Slate Digital Sell License